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Corner Retail Storefront
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515 N Dearborn St, Chicago, IL 60654

Corner storefront with natural light in a high-foot-traffic River North area, suitable for restaurant, bar, or coffee use.

Property Size2,700 SF
Days on Market1539

Property Features for 515 N Dearborn St

General Information

Standard status Active
Size 2,700 SF
Property subtype RETAIL

Additional Details

Space Use Retail

Amenities

corner location
natural light
foot traffic
near public transit
Listing Agency: Tenant Advisory Group, LLC
Listed By: Tina Crnkovich
Source: Moodyscre
Added: May 17, 2022 Changed: Jul 30 Last Checked: Aug 2 at 2:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tenant Advisory Group, LLC

Investment Insights

Based on property information with market context.

This corner retail storefront offers a strong street-level presence with lots of natural light. At 2,700 square feet, the space is well suited for restaurant, bar, or coffee shop concepts, with visibility designed for active retail foot traffic.

The location is described as being in the heart of River North, with excellent nearby transit access. The property is less than 2 blocks from the blue, brown, green, pink and orange line trains.

If you’re looking for a storefront environment where walk-in activity and natural light matter, this configuration can support a range of restaurant-style uses, including bar and coffee services.

Key Highlights

  • 2,700 square feet corner retail storefront
  • Lots of natural light
  • Designed for a high‑foot‑traffic environment

Property Analytics

Current Use

Famous Corey's Food Processing Plant Illinois Medical Directors ... Charitable Organization Corey's NYC Bagel ... (Bike/Boat/Book/etc) Store Chicago Medical Society Charitable Organization Chicago Gynecological Society Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Adult Day Care Tanning Salon Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

26,262
Businesses Nearby
682k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 55% Apparel 22% Hotels & Casinos 13% Shops & Services 6%
Nordstrom Apparel
136,729 visits/mo 0.4 miles
Starbucks Dining
132,317 visits/mo 0.3 miles
McDonald's Dining
65,567 visits/mo 0.2 miles
McDonald's Dining
52,443 visits/mo 0.2 miles
Fogo de Chao Dining
28,749 visits/mo 0.2 miles

Demographics for 60654, IL

23,890
Population
17,960
Households
1.3
Avg Household Size
34
Median Age
92%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
47,780
Density / Sq Mi
$144,831
Median Household Income
$106,856
Median Earnings
$2,571
Median Rent
$495,900
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$21.65 /SF/Yr
Avg Asking Price
$0.92–$45 /SF/Yr
Price Range
2,073 SF
Avg Space Size

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
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Similar Off Market Nearby

  • Sweet Fleur Floristry — 200 N Dearborn St, Chicago, IL 60601
  • HoneyComb Floral Boutique by Crystal Cabana Mami — 231 S La Salle St UNIT 2100, Chicago, IL 60604
  • Kelly's Flower Shop — 175 W Jackson Blvd, Chicago, IL 60604
  • Urban Flowers Chicago — 141 W Jackson Blvd South Lobby, Chicago, IL 60604
  • Lei — 227 W Monroe St, Chicago, IL 60606

Frequently Asked Questions

What type of property is this?
Storefront property - Corner storefront with natural light in a high-foot-traffic River North area, suitable for restaurant, bar, or coffee use.
Where is this storefront property located?
The property is located at 515 N Dearborn St Chicago, IL.
What are key features of this property?
This property features: 2,700 square feet corner retail storefront; Lots of natural light; Designed for a high‑foot‑traffic environment
(312) 775-4040 Call to check price and availability
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